Athena Business Services Ltd - Period Ending 2016-03-31

Registration number: 02341392

 

Athena Business Services Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Athena Business Services Ltd
Contents

Page

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Athena Business Services Ltd
balance sheet as at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					448			598
Current assets
Debtors					2,500			22,000
Cash at bank and in hand					38			5,586
					2,538			27,586
Creditors: Amounts falling due within one year					(759)			(7,630)
Net current assets					1,779			19,956
Total net assets					2,227			20,554
Capital and reserves
Called up share capital		3			2,104			2,104
Profit and loss account					123			18,450
Shareholders' funds					2,227			20,554

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Athena Business Services Ltd
balance sheet as at 31 March 2016
......... continued

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 24 November 2016

 Mrs K Dangerfield
 Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Athena Business Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Asset class	Depreciation method and rate
Plant & machinery	25 % on a reducing balance basis
Fixtures & fittings	25 % on a reducing balance basis
Computer equipment	25 % on a reducing balance basis

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		47,855			47,855
At 31 March 2016		47,855			47,855
Depreciation
At 1 April 2015		47,257			47,257
Charge for the year		150			150
At 31 March 2016		47,407			47,407
Net book value
At 31 March 2016		448			448
At 31 March 2015		598			598

Page 3

Athena Business Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		2,104			2,104			2,104			2,104

Page 4